Rental Market Snapshot: The Melbourne property market continues to witness unprecedented capital growth, particularly in Melbourne. When buying an investment property rental income is just as important. Regional Victoria continues to demonstrate better vacancy rates to Metropolitan Melbourne. According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant...
Post the global pandemic in 2020, Melbourne has seen some unprecedented increases in property prices. This the the time when consulting property advice from an authorised representative will enable you to buy a property that is right for you. These increases are alarming and pleasing to many, but be careful not to follow these as a single influence to buy. Advice is always recommended. Feel free to...
There are many fine perks when living at home with your parents. You have less costs, less responsibilities and security. However, there comes a time when you will want to move out, or your family/parents want you to move out. In this market insight, we talk about four questions to ask before you move out. 1 - Is it a good time to move out? Moving out from home is likely one of the biggest life changing...
Top things to do in Balwyn Known as one of Melbourne's most affluent suburbs, Balwyn features many tree-lined streets and has been among the most desirable places to live. Here is a list of things to do, but in no particular order: YMCA Boroondara Sports Complex YMCA Boroondara Sports Complex offer a wide range of services catering many health and fitness enthusiasts. The centre has a fully equipped...
If you own a property that features an owner’s corporation, you’ll soon learn that it holds an annual general meeting (AGM). An owners corporation will discuss many matters from maintaining surplus cash to covering costs such as building insurance premiums, garden, and waste management to name a few. They are required when a property features common property areas such as driveways or a car...
Melbourne's property market prices continues to go up. According to the latest research conducted by CoreLogic. Melbourne property values have regain their property values it previously experienced in 2020 in the wake of the global pandemic (covid-19). After experiencing a decline of approximately -6.1%, property values in Melbourne have since increased by 6.7%, now sitting at 0.2% above it's recent...
Melbournians love pets, especially dogs. Since the wake of the global pandemic in 2020, many Australians bought or adopted a pet. They quickly become a member of the family. Here are 10 off-leash places in Melbourne for our beloved companions to run free and meet other furry friends. Altona Dog Beach and Burns Reserve Park (Altona) Both located in the west side of Melbourne, the Altona Dog Beach and Burns...
If you take a look at the recent property prices ending December 2020, you'll see Toorak has extended its lead as the most expensive suburb in Melbourne. Melbourne's Million Dollar Suburbs - December 2020 shows Toorak ranked the most expensive suburb with a median house price of $4,455,000. Canterbury and Middle Park come in $1,200,000 less to take second and third spot. Rounding the top 5, you...
With reference to the latest research report from the Australian Bureau of Statistics (ABS), Melbourne has recorded the highest population growth over 2019. Brisbane recorded the second highest growth rate over the same period. Melbourne's population soars The Regional population statistics published by the ABS showed a 2.3% population increase compared to the national average rate of 1.8%....
It’s that time of year again... Tax time for property investors. As the end of the financial year fast approaches, this is the ideal time to discuss some tax planning strategies with your accountant. Owning an investment property is a rewarding experience, but it doesn't just come in the way of capital growth and rent. There are many tax entitlements that you should be aware of. Planning ahead will boost...